(Alliance News) - A mixed bag of UK PMI readings weighed on stocks in London on Tuesday, offsetting gains from oil majors as concerns over Russian energy supply lifted commodity prices. Read More
(Alliance News) - UK grocery price inflation reached its highest level in nearly 15 years, according to figures from data analytics firm Kantar. Read More
(Alliance News) - Stocks in London were buoyed on Wednesday by softening US inflation, raising hopes that the Federal Reserve will be less aggressive in its tightening when it meets next month. Read More
(Alliance News) - Ocado Group PLC on Thursday promoted Chief Operating Officer Mark Richardson to chief executive officer of its new business unit aimed at extending Ocado's product range into new market sectors. Read More
(Alliance News) - Shell on Thursday said earnings surged by two-thirds in the first half of 2022, as the oil major continued to benefit from a sharp rise in oil prices following Russia's invasion of Ukraine. Read More
(Alliance News) - Ocado Group PLC faces well-documented headwinds in its retail arm, though its tech offering, its "long-term driver", is growing in strength, analysts at Berenberg believe. Read More
(Alliance News) - Ocado Group PLC on Thursday reported a widened interim loss and a decline in revenue, which it put down to a UK grocery market that "contracted post pandemic and the rising cost of living crisis in UK". Read More
(Alliance News) - Large-cap stocks in Europe struggled in early dealings on Thursday, as traders await a policy decision from the European Central Bank and after gas supplies through the critical Nord Stream pipeline restarted. Read More
(Alliance News) - Online grocer Ocado on Thursday reported an interim revenue decline and widened loss, which it put down to a UK grocery market that "contracted post pandemic and the rising cost of living crisis in UK". Read More
(Alliance News) - Stock prices in London are seen opening a touch lower on Thursday, following a mixed day in Asia and ahead of the European Central Bank's first interest rate hike in over a decade. Read More
(Alliance News) - Blue-chip European equities fell on Wednesday after the EU took precautionary measures in the face of reduced Russian gas supplies, as investors look ahead to the European Central Bank's rate decision on Thursday. Read More
(Alliance News) - Ocado Group PLC on Tuesday said the chief executive of its retail joint-venture alongside Marks & Spencer Group PLC will step down from the role. Read More
